Tag Archives: online fraud

Consumer Alert: Surge in Fake Website Scams Costing UK Shoppers Millions

(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many … Read the full press release

Experian Launches New Cloud-Based Fraud Solution Powered by Adaptive Machine Learning

(IN BRIEF) Experian has launched a new cloud-based fraud solution called Aidrian, powered by adaptive machine learning, to help businesses prevent fraud without impacting customer experience. It combines a customized machine learning model with device fingerprinting to classify transactions with … Read the full press release

French cyber security firm DataDome raises $42m in funding round

(IN BRIEF) DataDome, a French-based company that provides a platform for detecting and blocking malicious automated traffic on websites, mobile apps, and API endpoints, has raised $42 million in a Series C funding round. The round was led by InfraVia … Read the full press release

European Consumer Centre Network (ECC-Net) report focuses on fraud in cross-border e-commerce across the EU

Brussels, Belgium, 07-12-2013 — /EuropaWire/ — 12% of internet users across the EU have already fallen victim to online fraud. 8% have had to deal with identity theft. A new report by the European Consumer Centre Network (ECC-Net) takes a look at … Read the full press release